Has Australia Changed… Or Have We?

I want to ask you a serious question.

Is Australia still the country we grew up believing it was?

A country where if you worked hard, saved your money, bought a home and made sensible decisions, you had a pretty good chance of getting ahead.

A country where ordinary Australians could build something.

Own something.

Create some security.

And reasonably expect their children to have even greater opportunities than they did.

Because today, a lot of Australians are starting to wonder whether that country still exists.

Housing has become harder to afford.

The cost of living continues to rise.

Government debt continues to grow.

Taxes seem to reach further into our lives.

And people who have spent decades doing the “right thing” are beginning to ask whether the rules are being changed around them.

That’s why next week, over three special nights, I’ll be joining Pat Mesiti, former Federal Treasurer Peter Costello and economist Martin North for a very different conversation about Australia’s financial future.

Not political slogans.

Not carefully rehearsed answers.

And certainly not pretending everything is fine when Australians can clearly see that something has changed.

Peter Costello served as Treasurer during a period when Commonwealth Government net debt was eliminated and ten of twelve Federal Budgets were delivered in surplus.

Martin North has spent years analysing what is really happening inside Australian households, property and the economy.

I’ll be looking at the role of government, policy and the choices being made in Canberra.

And Pat has made one thing very clear.

He’s going to ask the hard questions.

No sugarcoating.

No dancing around the issues.

Over these three nights we’re going to ask:

What happened to the Australia where working hard and getting ahead seemed achievable?

What does our growing debt mean for ordinary Australians?

Are people who save, invest and build wealth increasingly being penalised for doing so?

Can the next generation still build genuine financial independence?

And perhaps most importantly...

If some of the old opportunities have disappeared, where are the new ones?

That’s the conversation I want to be part of.

And I think it’s one Australians need to hear.

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This isn’t about wishing we could turn the clock back.

We can’t.

Australia has changed.

The economy has changed.

The rules have changed.

The real question is whether we recognise those changes early enough to make better decisions about what comes next.

“We must act today in order to preserve tomorrow.”
– Ronald Reagan